• ameancow@lemmy.world
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    2 hours ago

    I guarantee private equity is circling them like a flock of buzzards smelling death. This is why they’re preemptively making the same actions that a private equity company would do after acquisition, layoffs, restructuring “bold new plans” and a bunch of lip-service to inflate value before divvying up any resources of value like licenses and senior programmers to form a new brand, and throwing the rest away.